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5609 N Nebraska Avenue

Tampa, FL 33604
  • $939,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: TB8340223
UPDATED: 39 min ago
$939,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,907
    SQFT
  • $240
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1935
County:

School Ratings & Info

Description

EAST SEMINOLE HEIGHTS MIXED USE OPPORTUNITY! 6 sources of income consisting of: A QUAD APARTMENT BUILDING / A RESTAURANT / A LARGE BILLBOARD / & SMALL STORAGE BUILDING. This perfectly located multi-use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 Unit quadplex (fully rented) A 2/1 (740 sf.), B 1/1 (400 sf.), C 1/1 (560 sf.), D 1/1 (560 sf.), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free-standing Restaurant Property (currently rented Mexican Restaurant) with transferable 2COP liquor license, 1 mono-pole billboard currently on a land lease. The entire property is CI zoned so most uses are welcome on the property. Gross income is $95,903.40 with a Net Operating Income of $74,445 ... roughly an 8 CAP. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: A BRAND NEW WATERLINE AND METER TO THE APARTMENT BUILDING, NEW ROOF ON APARTMENT BUILDING, and new perimeter fencing installed. No owner financing is being offered.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-15T16:46:15.987.
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5609 N Nebraska Avenue Tampa, FL 33604

  • Price: $939,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 39 min ago
  • MLS #: TB8340223
0
Beds
0
Baths
0
½ Baths
0.26
Acres
3,907
SQFT
$240
$/SQFT
1935
Built
Neighborhood:
Prestons Sub
County:
Hillsborough
Area:
Tampa / Sulphur Springs
Property Description
EAST SEMINOLE HEIGHTS MIXED USE OPPORTUNITY! 6 sources of income consisting of: A QUAD APARTMENT BUILDING / A RESTAURANT / A LARGE BILLBOARD / & SMALL STORAGE BUILDING. This perfectly located multi-use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 Unit quadplex (fully rented) A 2/1 (740 sf.), B 1/1 (400 sf.), C 1/1 (560 sf.), D 1/1 (560 sf.), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free-standing Restaurant Property (currently rented Mexican Restaurant) with transferable 2COP liquor license, 1 mono-pole billboard currently on a land lease. The entire property is CI zoned so most uses are welcome on the property. Gross income is $95,903.40 with a Net Operating Income of $74,445 ... roughly an 8 CAP. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: A BRAND NEW WATERLINE AND METER TO THE APARTMENT BUILDING, NEW ROOF ON APARTMENT BUILDING, and new perimeter fencing installed. No owner financing is being offered.
Exterior Features

Construction Materials Block Foundation Details Slab Lot Size Dimensions 82 x 137 Road Frontage Type City Street Road Surface Type Paved Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 5336 Cooling Wall/Window Unit(s) Cooling YN Yes Stories Total 2

Property Features

Flood Zone Code X New Construction Yn No Ownership Corporation Property Sub Type Mixed Use Special Listing Conditions None Tax Annual Amount 9841.66 Total Annual Fees 0 Total Monthly Fees 0 Zoning SH-CI


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of FUTURE HOME REALTY INC: 813-855-4982.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-15T16:46:15.987.
 
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